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In the first case, the children expressed their happiness while playing in the Giant’s garden. They would go to play in the garden after returning from school and had a wonderful time playing around the garden.
In the second instance, the children were referring to the Giant’s garden where they would go and play after returning from school. They talked with each other how they would enjoy playing around the garden where trees bore beautiful flowers and fruits and birds sang sweet songs. However, after the Giant stopped them by building a high wall around the garden, they could no longer enter it.
The children were referring to the Giant’s beautiful garden in both the cases.